COMMENT: they now propose a bill which provides that savers’ deposits in Austria will no longer be guaranteed by government. The banks should be responsible for the safety of savings, not the government. Welcome to the almost obsolete world of modern banking.Our deposits/savings largely guaranteed by transactional bankers(whos balance sheets Joe Public cannot possibly understand the […]

Austria is now planning a far-reaching reform of deposit insurance – default. You pay taxes all your life and you are told government is there to protect you. Austria demonstrates the future all nations will face for they now propose a bill which provides that savers’ deposits in Austria will no longer be guaranteed by government. The […]

  NATO wants to take back the Crimea from Russia. The US wants to send in arms to Ukraine. All of this has provoked a response from Putin that has escalated the stakes. Taking back Crimea Putin has warn would lead to a nuclear conflict. Otherwise, Putin is looking to now escalate the conflict using  Russian […]

  The Swiss Central Bank lost 50 billion Swiss francs on the Euro Peg. That works out to 6,250 CHF per person including children.  So every couple lost 12,500 and a family of four lost 25,000 CHF. And this is all about government decisions in manipulating the economy.  Great job.

The IMF has now recommended that Switzerland should DEVALUE the franc by increasing its money supply. This is advice from the IMF run by a lawyer who clearly knows what she is doing because she worked in Chicago close the futures exchange at least. I suppose walking by the CME on your way to work […]

QUESTION: Dear Martin, I watched your Solution Conference and I appreciated it a lot. Indeed, I hope they will follow your suggestions. As far as the markets are concerned here you can find attached the latest report of some guys I have been subscribing to since 2010. Their models warned of a possible top in […]

Believe of not, the French have now passed a law that prohibits thin girls from working as models in Paris. Under the law, models will have to show they have a Body Mass Index (BMI) above a certain level. Of course, they will imprison agencies who use girls that do not meet their guideline. They will […]

COMMENT: Marty, the demonstration of Socrates at the conference was mouthwatering. With everyone in less than 6 months claiming to have artificial intelligence is really laughable. I understand the tremendous amount of work you have done is just the front end process. Your system is way beyond artificial intelligence. That is why so many people […]

There is also a referendum that will come up with the same stupid idea that all credit decisions should be handed to the central bank now in Switzerland. If these people could not manage a peg, can you imagine what will happen to the entire credit markets? This is just entirely brain-dead. These people FAIL […]